Get started

Chart Patterns

CITI PHARMA-Sideways Trend for 22% & 35% gainShort-Term Outlook: The stock is bearish, as indicated by the RSI, Klinger Oscillator, and price action near support levels. Potential Entry Points: If the RSI starts climbing above 35-40, and the price holds support at 85.60 or 80.01, it could present a buying opportunity. Risk Factor: If the price breaks below 80.01, expect further downside towards 72.04 or lower. Confirmation Needed: Look for increased volume and positive oscillator movement before making bullish trades. Buy-1: 80 Buy-2: 76 Buy-3: 72
PSX:CPHLLong
by jahanzaibM
CCL Products (I) Ltd. (NSE) – Weekly ChartTechnical Summary: Elliott Wave Structure: The stock is currently in Wave 4 correction after completing Wave 3. A Wave 5 uptrend is expected once the correction is complete. Fibonacci Retracement: 0.5 level (~533.25) and 0.382 level (~605.00) are key retracement zones. The price is near the 514.65 support, a critical zone for a reversal. RSI Analysis: RSI is at 36.41, indicating oversold conditions. RSI moving average is at 47.50, suggesting weak momentum but potential for reversal. Support & Resistance Levels: Immediate Support: 514.65 Next Support: 347.30 and 227.38 (in case of further breakdown). Resistance Levels: 605.00 and previous high of 855.00. Suggestions & Possible Corrections: ✅ Bullish Case: If the price holds above 514.65, a potential Wave 5 rally could take the stock toward 800+ levels. ❌ Bearish Risk: If 514.65 breaks, the next strong support lies around 347.30. Final Recommendation: Monitor price action near 514.65; if it holds, a bullish move can be expected. Wait for RSI to cross 50 for confirmation of trend reversal. If price breaks below support, avoid long positions until a new base forms.
NSE:CCL
by Pushpmegh
US500 Will Go Up! Buy! Take a look at our analysis for US500. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 5,973.19. Taking into consideration the structure & trend analysis, I believe that the market will reach 6,138.47 level soon. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!
TRADENATION:US500Long
by SignalProvider
1
SILVER Will Move Higher! Long! Please, check our technical outlook for SILVER. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 31.462. Considering the today's price action, probabilities will be high to see a movement to 32.363. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!
TVC:SILVERLong
by SignalProvider
1
AUDUSD Is Bullish! Buy! Here is our detailed technical review for AUDUSD. Time Frame: 9h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 0.622. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.632 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
Long
by SignalProvider
2
GBPJPY Is Very Bearish! Short! Take a look at our analysis for GBPJPY. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 190.747. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 186.982 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
GBPUSD FUNDAMENTALS AND TECHNICAL ANALYSISGBPUSD is currently trading at 1.265, showing strong bullish momentum as it finds solid support at this level. The gradual increase in trading volume indicates growing interest from buyers, suggesting that the pair is gaining strength for a potential move toward the 1.288 target. If this support level holds, we could see further bullish continuation in the coming sessions. From a technical perspective, GBPUSD is respecting key support, with increasing volume confirming buyer interest. A break above minor resistance levels could further accelerate the uptrend, providing a clear path toward 1.288. If price action remains above 1.260, it will reinforce the bullish outlook, while traders should watch for any pullbacks as potential buying opportunities. Fundamentally, GBPUSD's strength is influenced by a softer US dollar as expectations around the Federal Reserve’s rate policy shift. Any dovish signals from the Fed or weaker US economic data could push the dollar lower, giving GBP an advantage. Additionally, positive UK economic indicators or a hawkish stance from the Bank of England could further support the pair’s bullish momentum. In summary, GBPUSD is holding strong support with increasing volume, signaling potential upside toward 1.288. If this bullish momentum sustains, traders could capitalize on the breakout, with confirmation needed through technical signals and macroeconomic developments. Keep an eye on resistance levels and market sentiment for further validation.
Long
by AndrewsMarket-Mastery
3.3 Gold price fluctuation pattern3.3 Gold price fluctuation pattern 1. Current market analysis 4H cycle: Gold price is running below the middle track, and the Bollinger band is closing, indicating that the market is in a consolidation phase, and there may not be an obvious unilateral trend in the short term. . Pressure level: 2875 and 2886 above are key pressure levels. If the price rebounds to these positions, you can consider shorting. Support level: The lower support is 2846 and 2832. If the price falls back to these positions and does not break, you can consider going long. 2. Operation suggestions Short order strategy: Short near 2883, stop loss set at 2891, target at 2842 and 2835. This strategy is based on the rebound shorting idea of ​​the upper pressure level, which is suitable for capturing callback profits in a volatile market. Long order strategy: If the price falls back to around 2846 and does not break, you can consider shorting, with the target looking at the 2860-2870 area. This strategy is based on the idea of ​​rebounding from the support level below, which is suitable for capturing rebound profits in a volatile market. 3. Risk control Stop loss setting: Whether it is a short order or a long order, be sure to set a stop loss to prevent unexpected market fluctuations from causing losses to expand. Position management: In a volatile market, market fluctuations may be more repetitive. It is recommended to operate with a light position to avoid unstable mentality due to frequent fluctuations.
OANDA:XAUUSD
by Louisa_King
EURJPY Bullish Breakout: Targeting 300 Pips Toward 161.500EURJPY is currently trading at 157.500, having completed a falling wedge breakout and now holding above a key support level. The falling wedge is a strong bullish reversal pattern, indicating that after a period of consolidation, buyers are stepping in to drive the price higher. If this support holds, EURJPY could gain further momentum, targeting the 161.500 level for a potential 300-pip move. From a technical perspective, the breakout has already been confirmed, and price action suggests that bulls are in control. A strong hold above support, along with increased buying pressure, could push EURJPY toward its next resistance zone near 161.500. Traders should watch for bullish candlestick formations and volume confirmation to strengthen the breakout scenario. On the fundamental side, the euro’s strength against the yen is largely driven by monetary policy divergence between the European Central Bank (ECB) and the Bank of Japan (BoJ). The ECB remains relatively hawkish, while the BoJ continues its ultra-loose monetary policy, keeping the yen weak. Additionally, risk-on sentiment in global markets tends to favor EURJPY upside. In summary, EURJPY has broken out of a falling wedge and is holding above a critical support level, with bullish momentum building. If this level remains intact, the pair could see a 300-pip rally toward 161.500. Traders should monitor price action, volume, and any shifts in ECB or BoJ policy for further confirmation of the bullish trend.
Long
by AndrewsMarket-Mastery
1
GBPUSD Uptrend continuation The GBP/USD currency pair maintains a bullish intraday bias, supported by the longer-term prevailing uptrend. However, price action near key levels suggests potential short-term corrections before the next directional move is confirmed. Bullish Scenario: The key level to watch is 1.2560, which marks the February 28th swing low and serves as a pivotal support zone. A corrective pullback toward 1.2560 could provide a buying opportunity if support holds. A bullish bounce from this level could drive the pair toward 1.2680, followed by 1.2720, with 1.2740 acting as a longer-term resistance. Bearish Scenario: A confirmed breakdown below 1.2560 and a daily close beneath this level would weaken the bullish outlook. This could trigger a deeper retracement toward 1.2520, with further downside risk extending to 1.2460 if selling pressure persists. A sustained move below 1.2460 could signal a shift in trend dynamics, increasing the likelihood of further downside. Conclusion: While the broader trend remains bullish, short-term corrections are possible. A successful defence of 1.2560 could reaffirm the uptrend, while a break below this level would expose 1.2520 and 1.2460 as key downside targets. Traders should monitor price action at these levels to assess momentum shifts. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
1
XAUUSD IS RESPECTING CHANNEL IN H1 TF, CAN MOVE FURTHER SHORT?Hello Followers I am going to publish my technical setup on XAUUSD, So share your opinion in comments about my analysis.. XAUUSD is respecting the parallel channel very well in H1 time frame.. Currently XAUUSD is working at a resistance area and it's level is 2872/2877.. According to me XAUUSD will move further short (bearish) till the 1st Target 2845 that is parallel channel's middle line and then if it properly break this support then will reach to the 2nd target 2820 that is parallel channel's lower line support that works also as demand zone.. The level of demand zone is 2820/2815.. I Have also identified the short position in the chart also... KEY POINTS: ENTRY PRICE 2873 DEMAND ZONE 2820/2815 RESISTANCE AREA 2872/2877 TARGETS: 1st TARGET 2845 2nd TARGET 2820 CANCEL TRADE 2895
OANDA:XAUUSDShort
by Team_Elliana_Trades
2
Gold Trend 03/03 - Major resistance @ 2880 Gold prices finally retreated from their highs last week. At the opening of the market last Monday, gold prices tested the resistance zone of 2950-55 twice, but failed to break through. In the absence of buying support at the high, a downward correction began. On Tuesday, a worse-than-expected consumer confidence index from the US failed to bring new upward momentum to the market, and gold prices turned around, and fell below the support trendline(1) that we mentioned last week. A new round of short-selling orders was triggered, sending prices toward the bottom of the range near 2880. Before Trump met with Zelensky on Friday, the market continued to hope for a truce between Russia and Ukraine, and the U.S. dollar index rebounded from its lows, sending gold prices to a near one-month low of around 2,835 in the U.S. market on Friday. However, the not-so-happy meeting between Trump and Zelensky before the close of the market caused gold prices to rebound before the weekend. The week ended near 2865. While risk sentiment may push gold prices higher this week as it continues to be driven by Trump's policies, it continues to expect a weaker market reaction to the news. Of course, we should pay attention to Friday's US employment data this week, and the market expects the outcome to be flat for the time being, and it is believed that gold prices will not change significantly until near the end of the week. 1-hour chart(above) > The rally has been in a sideways state since the first test of the high of 2942 in early February, and it was recommended to deploy short selling at the high two weeks ago. On the 1-hour chart, after falling below 2880 (2) last Thursday, the trend has been dominated by the bear. The downtrend trendline(3) can be used as a reference, to see if the the downtrend will accelerate. In the S-T, as long as the price stays below the key resistance at 2880 (4), the downtrend will continue. However, it is still critical to pay attention to the development of the geopolitical and tariff situation this week, and the breaking news will be an important factor in the failure of the technical trend. Daily Chart(above) > Stemming from the uptrend at the end of 2024, gold prices have been moving upwards along the 10 days MA(6). The uptrend has officially been over as it finally went below the 10-day MA, and it is beginning to turn around. Before the close of trading on Friday, gold prices were still supported by buying below 2855 (5), and after a short-term rebound, they could grasp 2880 or short-sell along the 5 day MA. Until the bottoming rally signal appears, the target on the daily chart can be set around 2790. P.To
TVC:GOLD
by 1uptick
2
03/03/25 Weekly outlookLast weeks high: $96,500 Last weeks low: $78,297.13 Midpoint: $87,398.56 What a week! In my last weekly outlook I proposed the idea that BTC was coiling up for a big move, the question was "which direction will the move be?" Well we got our answer, after, multiple weeks hovering around the $96K level bitcoin sold off a massive 18% to a low of $78.2k. This sell-off broke the weekly support area of $91K after a full 3 months of holding. Now that we answered last weeks question I propose a new one, is $91K now a HTF resistance level? To answer that question a look at the weekly chart, despite such a severe sell-off this is not unusual in a bull market, 25-25% corrections happen multiple times during a large bullish trend. To add to that, the weekly close still managed to be above the $91K mini range floor, in essence a giant SFP on the weekly candle and therefore a continuation high would make sense from a TA point of view. For the bulls the worry would be the inevitable backfilling of the wick on the weekly, for me this comes into play if we have acceptance back below $91K, entirely possible. On Friday 7th March President Trump is holding a Cryptocurrency summit at the white house, this will include David Sacks (crypto & AI czar), Founders, CEOs and members of the digital assets group. This comes off the back of confirmation of the "Crypto Strategic Reserve" that will contain BTC, ETH, SOL, XRP & ADA and was announced yesterday. I do not believe in coincidences so the timing of this is very interesting to me, to announce this on a weekend with very thin orderbooks and low volume after such a big sell-off had to be done on purpose IMO. The timing would guarantee a swift rally, I also believe the sell-off could be related to this announcement too, if a market maker like the US government has the means to create a more optimal entry, they will do just that. I could see the market being very cautious up until Friday, the $91K is a key S/R level and will determine if bitcoin backfills the weekly wick or moves up to weekly high.
by ProR35
Nasdaq 100 Analysis: February Pushes Index Below January’s OpenNasdaq 100 Analysis: February Pushes Index Below January’s Opening Price The Nasdaq 100 (US Tech 100 mini on FXOpen) chart shows: → January’s opening price was around 21,085. → February’s closing price was around 20,867. This marks a 1% decline since the start of the year. A report from Goldman Sachs, published on Friday, reinforces bearish sentiment, stating that global hedge funds sold more stocks than they bought at the end of February—the largest net selling in a year, according to Reuters. Possible reasons for market pessimism: → AI-related stocks may be highly overbought. For instance, the "Magnificent Seven" tech stocks have underperformed the broader market in 2025. → Trump’s tariff policies on global trade could have negative economic consequences. Technical Analysis of Nasdaq 100 (US Tech 100 mini on FXOpen) Bullish perspective: Breaking January’s low did not trigger a strong downward trend. Bearish perspective: The price has fallen below the support line (lower blue line), which had held since autumn last year. The market’s next move could depend on how Nasdaq 100 (US Tech 100 mini on FXOpen) behaves around the 21,030 level. Previous rebounds from this support line were weak, and bears managed to break through with effort. This suggests they may still control this zone. Trade on TradingView with FXOpen. Consider opening an account and access over 700 markets with tight spreads from 0.0 pips and low commissions from $1.50 per lot. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:NDQM
by FXOpen
EGLDUSDT UPDATEEGLDUSDT is a cryptocurrency trading at $24.65. Its target price is $48.00, indicating a potential 90%+ gain. The pattern is a Bullish Falling Wedge, a reversal pattern signaling a trend change. This pattern suggests the downward trend may be ending. A breakout from the wedge could lead to a strong upward move. The Bullish Falling Wedge is a positive signal, indicating a potential price surge. Investors are optimistic about EGLDUSDT's future performance. The current price may be a buying opportunity. Reaching the target price would result in significant returns. EGLDUSDT is poised for a potential breakout and substantial gains.
Long
by CryptoWithJames